XPeng

XPeng’s stock fell sharply in Hong Kong as Alibaba sold more shares in the electric-vehicle maker, potentially divesting itself of noncore assets. XPeng’s stock fell sharply in Hong Kong as Alibaba sold more shares in the electric-vehicle maker, potentially divesting itself of noncore assets. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

Chinese electric-car maker XPeng seems to making progress in its bid to turn profitable this year, guiding for more sales growth after posting a sharply narrowed net loss and record-high revenue. Chinese electric-car maker XPeng seems to making progress in its bid to turn profitable this year, guiding for more sales growth after posting a sharply narrowed net loss and record-high revenue. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of…

Leading Chinese EV automaker XPeng Motors has publicly shared plans for a new EV brand to deliver affordable, AI-driven smart cars to young consumers. Targeting China’s A-class segment of EVs priced between RMB 100,000-150,000, XPeng’s new brand could help pave the way for more affordable EVs around the globe. XPeng Motors ($XPEV), although still relatively young in the automotive industry, sits as a veteran in Chinese EV development and the adjacent technologies that support electric mobility. In…

XPeng Motors announced a massive milestone for its XPeng navigation guided pilot (XNGP) ADAS feature that enables self-driving in several scenarios. XNGP is now available unlimitedly on all roads, everywhere in China. That’s only part of it; XPeng also shared plans to expand the self-driving tech to other markets. XPeng Motors ($XPEV) currently operates as one of China’s big hitters in EVs. Part of the company’s appeal is its innovation and advanced technology, including out-of-the-box ideas like genuine…

Volkswagen and Chinese EV maker Xpeng say they are jointly developing two mid-sized BEVs for 2026 for mainland China, with the first model being an SUV. The two automakers signed a “master agreement” for platform and software collaboration, and the two will start jointly sourcing platforms and vehicle parts to help leverage scale while cutting costs, Automotive News Europe reports. VW announced in July that it was buying 4.99% of Xpeng $700 million with the plan to make two EV models together in 2026.…

XPeng and Volkswagen signed an agreement to collaborate on software and sourcing, building on an existing partnership after the German carmaker took a nearly 5% stake in XPeng last year. XPeng and Volkswagen signed an agreement to collaborate on software and sourcing, building on an existing partnership after the German carmaker took a nearly 5% stake in XPeng last year. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s…

The Nio subsidiary will receive technology licence fees based on the future sales of licensed products by Forseven, the filing added.Chinese electric vehicle maker Nio Inc's subsidiary NIO Technology (Anhui) Co has entered into a technology licensing deal with Forseven Ltd, a unit of Abu Dhabi-based CYVN Holdings, Nio said in a Hong Kong stock exchange filing on Monday.The agreement will give electric car startup Forseven a global license to use Nio's technical…

Chinese EV automaker XPeng Motors continues expanding its global partnerships list, announcing today five dealer networks in separate new markets to help sell its vehicles. In addition to recent plans to enter markets in Israel, XPeng will also sell EVs in the United Arab Emirates (UAE), Lebanon, and more markets in Europe this year. 2024 has the makings to be a tremendous year for XPeng Motors ($XPEV). Already a significant player in China’s EV market, the automaker has set its sights on global…

The Xpeng G9 SUV is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center in Shanghai, April 18, 2023.VCG | Visual China Group | Getty ImagesXpeng plans to hire 4,000 new people and invest in artificial intelligence technology, according to the company's CEO, who warned of intense competition in the electric vehicle space which could end in a "bloodbath."He Xiaopeng, the CEO of EV maker Xpeng, said in a letter to employees on Sunday, which was…

Chinese electric vehicle maker Xpeng said it would hire 4,000 this year and invest millions in artificial intelligence, as it seeks to survive what it describes as a "bloody sea" of competition in the world's largest auto market.The additional employees would represent a 25% expansion of the Volkswagen-backed EV maker's workforce from the latest headcount of 15,829 at the end of 2022.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking…